EZCORP (NASDAQ:EZPW) Hits New 1-Year High at $11.10

EZCORP, Inc. (NASDAQ:EZPW) reached a new 52-week high during trading on Tuesday . The company traded as high as $11.10 and last traded at $11.09, with a volume of 230652 shares trading hands. The stock had previously closed at $10.78.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EZPW. TheStreet raised EZCORP from a “c+” rating to a “b-” rating in a research note on Thursday, February 15th. StockNews.com raised shares of EZCORP from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd.

EZCORP Stock Performance

The company’s 50-day moving average price is $10.19 and its two-hundred day moving average price is $8.99. The company has a market capitalization of $624.85 million, a price-to-earnings ratio of 17.98 and a beta of 1.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.00 and a quick ratio of 3.08.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.07. The firm had revenue of $299.99 million during the quarter, compared to analyst estimates of $303.66 million. EZCORP had a return on equity of 10.37% and a net margin of 4.62%. On average, equities research analysts anticipate that EZCORP, Inc. will post 1.05 EPS for the current fiscal year.

Hedge Funds Weigh In On EZCORP

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in shares of EZCORP by 1,424.6% during the 1st quarter. JPMorgan Chase & Co. now owns 1,162,429 shares of the credit services provider’s stock valued at $9,997,000 after acquiring an additional 1,086,185 shares during the period. Silvercrest Asset Management Group LLC bought a new stake in EZCORP in the first quarter valued at $9,297,000. Millennium Management LLC raised its holdings in shares of EZCORP by 1,960.2% during the fourth quarter. Millennium Management LLC now owns 789,432 shares of the credit services provider’s stock valued at $6,434,000 after purchasing an additional 751,114 shares during the period. Fourth Sail Capital LP bought a new position in shares of EZCORP during the 4th quarter worth about $5,173,000. Finally, Azarias Capital Management L.P. grew its stake in shares of EZCORP by 104.5% in the 3rd quarter. Azarias Capital Management L.P. now owns 985,625 shares of the credit services provider’s stock valued at $8,131,000 after buying an additional 503,710 shares during the period. 99.83% of the stock is currently owned by institutional investors.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.